BT Finance Analyst/Accountant in London, United Kingdom
Role: Finance Analyst
Location: BT Centre, St Pauls
Our purpose is to use the power of communications to make a better world. For each other, for our customers, for society and our communities. We need you to help us do this.
Why this role matters
To provide support and insight to Consumer leadership team by owning consumer finance controls environment including Sarbanes-Oxley and three lines of defence framework. In light of the control deficiencies that BT group discovered in 16/17, specifically in the Italian operation, there is an enhanced focus on controls and assurance across all CFUs and this role is critical to ensuring the BT Consumer leads the way in compliance.
Included under the umbrella of the control framework is the ownership of Consumer Stock Obsolescence and Purchase Price Variance provisions. The role holder is responsible for the preparation of the monthly adjustments in accordance to group accounting policy as well as communicating to the impacted units and the Senior Finance Manager – Cash and Balance Sheet.
The role holder will also act as the lead business partner to our RPA colleagues in India, providing challenge and guidance to the team while ensuring that we are utilising the resource efficiently enabling the UK team to focus on value add activities.
Central Unit TLC / TLR ownership is a key responsibility of this role. There are 320 roles in central and support functions, equating to a TLC of c. £40m pa. This role owns the reporting and forecasting of these heads, working closely with HR and senior management to ensure that the budgets are set and managed appropriately.
This role is also responsible for supporting the Senior Finance Manager – Cash and Balance Sheet on balance sheet focussed projects that will likely include interacting with commercial units, billing teams and shared service centres including RPA and FSSC.
The role holder will also be a key point of contact for the external auditors, helping to coordinate the flow of information from the units to the auditors in a timely and accurate manner.
What you'll be doing
Own the Consumer Finance SOX process, ensuring all processes are compliant and appropriate evidence is gathered and recorded for Audit purposes
Manage compliance of finance processes with Three Lines of Defence framework, both in terms of roll initial roll out and ongoing testing to ensure sufficient assurance activity is taking place in the CFU
Own the PPV and Stock obsolescence processes at month end and forecast, ensuring compliance with group accounting policies and is communicated to all stakeholders as required
One of the key point of contact for external auditors, managing flow of information to deliver optimal outcome of audits with minimal disruption to the team
• Business Partnering:
Lead business partner to RPA team in India
Provide challenge and coaching to key contacts within the Central Finance team to ensure that all deadlines are met and deliverables are of sufficient standard
Continually review and evolve responsibilities of RPA team to manage balance of workload across UK and India to enable UK team to focus in value add activities and delivery of insight over information
Support unit finance teams on any RPA related issues / queries they have through leverage of relationship with RPA management
• TLC / TLR management:
Ownership of forecasting and reporting of all central and support function TLR (320 ) and TLC (c. £40m pa)
Ensure budget is set appropriately by working closely with HR and budget owners. Changes are agreed at the right level and insight is provided on any movements vs. existing Budget/MTP
Reporting is delivered accurately and to agreed timetables, delivering appropriate insight into any variances and feeding as required into the R&O process
• Ad Hoc:
Support HoF and SFM for Balance sheet on ad hoc projects, mainly across the balance sheet, leveraging relationships with key unit finance teams, group finance, FSSC, billing and RPA
Provide support to other members of the team including knowledge sharing and buddying to ensure all roles are covered in the case of absence
We'll also need to see these on your CV
Part qualified (or qualified) accountant (ACA/ACCA/CIMA or equivalent)
Good working knowledge of Hyperion system
Good excel skills
Experience of stakeholder management
Good organisational skills, attention to detail and good written and verbal communication skills
Why choose us?
We are looking for ambitious high-achievers that have proven themselves . Teamwork is the key to our success. You’ll fit right in our team from a wide variety of backgrounds all driven to make a real difference for BT.
BT offer a structured career ladder recognising and rewarding strong performance. We offer great development and learning opportunities to help round out your skillset and progress in the way that is best for you.
We offer a strong benefits package, including free broadband, TV and Sport for all employees, an on target bonus scheme, discounted share schemes, a pension scheme and much more.
At BT, we’re creating an inclusive working environment where people from all backgrounds can succeed. Diversity makes sense for us, for our customers and for our future.
If you feel that you fit the bill in terms of skillset and can add value in this challenging environment, we are keen to hear from you!
We value different perspectives, skills and experiences. We’re creating an inclusive working culture where people from all backgrounds can succeed. That’s why we welcome applications from all parts of the community.
Title: Finance Analyst/Accountant
Location: GBR %26 Ireland-GBR-London-London
Requisition ID: 93969